To be precise, JP Morgan agreed to settle a case in which another bank they purchased did insufficient due diligence. The charges in the article you link speak of negligence, not lying.
In the other case, I assume you know the difference between errors and deceit, so I'll withhold any comment on that.
I didn't mean to say I thought your account was a throwaway. Just the comment -- in other words, I found it thoughtless, seeking of thoughtless upvotes, and still do.
Banks practicing willful fraud as the subjects of this press release did remains a fairly rare phenomenon.
Except for the LIBOR scandal, of course. And the ISDAfix mess. But those only involved most of the world's largest banks, and combined, likely only affected anybody seeking credit, anywhere, for any reason.
In the other case, I assume you know the difference between errors and deceit, so I'll withhold any comment on that.
I didn't mean to say I thought your account was a throwaway. Just the comment -- in other words, I found it thoughtless, seeking of thoughtless upvotes, and still do.
Banks practicing willful fraud as the subjects of this press release did remains a fairly rare phenomenon.